SES

SES to Participate in Seed Fund with Luxembourg Government to Finance ICT Start-Ups

SES S.A. (NYSE Paris:SESG) (LuxX:SESG) announced today the signature of
a letter of commitment with the Luxembourg Government and six other
partners to finance ICT start-ups.

The initiative taken by the Ministry of the Economy in the context of
« Digital Lëtzebuerg » seeks to set up an ecosystem that fully adapts to
the needs of start-ups within the ICT sector, while offering an adequate
framework for the creation and development of young and innovative
companies - an ecosystem that adapts to the needs of ICT start-ups, in
particular in terms of financing such companies in the early stages of
development.

The signing parties agreed to collect public and private funds worth EUR
19.2 million to create a seed fund-type structure designed to finance
innovative technology companies within the ICT sector.

Above all but not exclusively, the fund will create risk capital
investments within projects that have reached “proof of concept” in the
domains of cybersecurity, FinTech, Big Data, Digital Health, Internet of
Things and satellite telecommunications, for example. In order to
facilitate transferring new technologies stemming from public research
and, in particular, from the Luxembourg University Interdisciplinary
Centre for Security, Reliability and Trust (SnT), the seed fund’s
objective also lies in investing in promising spin-offs in order to
maximize the national economic benefits.

The future ICT seed fund has been developed in the context of a Public
Private Partnership, involving renowned participants from the world of
finance and economics. The capital fund will be operational as of the
beginning of 2016 and managed by a specialised team that has the
necessary skills to best identify and select innovative business
projects showing a strong development potential in Luxembourg.

SES (NYSE Paris:SESG) (LuxX:SESG) is the world-leading satellite
operator with a fleet of more than 50 geostationary satellites. The
company provides satellite communications services to broadcasters,
content and internet service providers, mobile and fixed network
operators and business and governmental organisations worldwide.

SES stands for long-lasting business relationships, high-quality service
and excellence in the satellite industry. The culturally diverse
regional teams of SES are located around the globe and work closely with
customers to meet their specific satellite bandwidth and service
requirements.

SES holds a participation in O3b Networks, a next generation satellite
network combining the reach of satellite with the speed of fibre.